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Apple to Boost Retail and Corporate Pay in Face of Inflation

  • Apple retail stores across the US are campaigning to unionize
  • Corporate employees will see pay increase sooner than usual
Updated on

Apple Inc. is raising salaries for retail workers in the US by 10% or more and upping its global companywide compensation budget as it faces a tight labor market and unionization efforts.

The company is hiking hourly pay for retail staff to at least $22 per hour, up from a previous $20 minimum, the company told employees on Wednesday. The move follows a pay bump in February after inflation grew more severe and some staffers complained about working conditions during the Covid-19 pandemic.